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Synel is a world leader in the development and production of data collection systems and solutions for workforce management of time & attendance, including access control and job costing. Synel's portfolio of products provides complete hardware and software solutions, including advanced biometric data capture devices with fingerprint scanning technology, facial recognition and more. Solutions are available for complex, multi-location enterprises and single-building facilities of all sizes. Synel's solutions provide on-line and real-time data collection for immediate access to information throughout an organization. Harness the ability to improve efficiency and effectiveness, reduce costs, and provide an innovative user experience while maintaining compliance.
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In 2024, Synel Americas's revenue reached $6.3M. The company previously reported $4.4M in 2023. Since its launch in 2007, Synel Americas has shown consistent revenue growth.
Synel Americas is a bootstrapped Time & Attendance Software startup. Founded in 2007, Synel Americas has grown to $6.3M in revenue without raising any venture capital or outside funding.
As a self-funded Time & Attendance Software SaaS company, Synel Americas has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
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Synel Americas serves 120K customers.
Synel Americas employs approximately 46 people as of 2026, up from 42 in 2023, including 8 sales reps that carry a quota. It serves 120K customers that rely on its solutions.
Synel Americas generates an estimated $6.3M in annual revenue.
Synel Americas was founded by Thomas Krueger.
The CEO of Synel Americas is Thomas Krueger.
Synel Americas is bootstrapped and has not raised outside funding.
Synel Americas has 46 employees.
Synel Americas is headquartered in Scottsdale, Arizona, United States.
Synel Americas operates across multiple industries. Browse revenue, funding, and growth data for Synel Americas in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$6.3M(Est.)
Customers
120K
Funding
$0
Avg ACV
$52
Team
46
Founded
2007
| Year | Milestone | Source |
|---|---|---|
| 2024 | Synel Americas Hit $6.3m revenue in October 2024 | Estimated |
| 2023 | Synel Americas Hit $4.4m revenue in December 2023 | Estimated |
| 2021 | Synel Americas Hit $3.3m revenue in April 2021 | |
| 2007 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 46 employees (December 2024) | |
| 2024 | Reached 43 employees (October 2024) | |
| 2023 | Reached 42 employees (December 2023) | |
| 2022 | Reached 39 employees (December 2022) | |
| 2021 | Reached 38 employees (December 2021) | |
| 2021 | Reached 39 employees (April 2021) |
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